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6. Which of the following post-balance-sheet events would require adjustment of the accounts before issuance of the financial statements? a. Retirement of the company president

6. Which of the following post-balance-sheet events would require adjustment of the accounts before issuance of the financial statements?

a. Retirement of the company president . b. Customer bankruptcy. Customer owed $5,000,000 on the balance sheet date. It is estimated only 40% is now recoverable. c. Recent employee strike.

d. Increase equty financing by issuing more common stock

(answer options in picture below)

A,a,b,c, and d B. b c. b, c and d D. b and c

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